Which of the Following is True?

Select one:

a.

The purpose of a holdback is to cover any obligations of the buyer after closing.

b.

In an asset purchase, you can pick and choose the employees of the business that you want to hire.

c.

Take-over bid rules apply when a buyer makes an offer to buy a 15% stake or more in a public company.

d.

A buyer of a corporation would generally prefer to purchase the shares of that corporation as opposed to its assets.